Xiaomi’s EV division posts a $98 million profit in Q3 2025, validating a “ruthlessly efficient” consumer tech strategy that puts Apple’s failed car project to shame. Xiaomi has achieved the holy grail of the electric vehicle industry—profitability—in record time, reports…
Tesla has officially reached a massive infrastructure milestone, installing its 75,000th global Supercharger stall in Tasmania, Australia. The automaker celebrated the achievement on November 19, 2025, by unveiling a commemorative “Glacier Blue” V4 stall at the South Hobart Smart Store,…
President Donald Trump highlighted a vehicle loan interest tax deduction during a November 19, 2025 speech, specifically mentioning Tesla and claiming the policy helps “middle income people” afford cars—four months after the same legislation eliminated the $7,500 EV tax credit…
BMW just proved its new iX3 electric SUV can travel farther on a single charge than most drivers will ever attempt in one day. A BMW team drove the 2026 iX3 over 1,000 kilometers (626 miles) from the automaker’s Debrecen,…
Porsche unveiled the 2026 Cayenne Electric today, crowning it the most powerful production vehicle in the German automaker’s 77-year history with a staggering 1,139 horsepower. The launch comes just weeks after Porsche posted a $1.1 billion quarterly loss and declared…
Toyota announced a $912 million investment across five U.S. manufacturing plants to expand hybrid vehicle production capacity, creating 252 new jobs and marking the first U.S. production of hybrid-electric Corollas. The investment, revealed Tuesday, comes just six weeks after the…
The Lotus Emeya has set a new benchmark for production electric vehicle charging performance, reaching a peak rate of 443 kW during independent testing conducted by Lotus Al Ghanim in Kuwait. Using Lotus’s proprietary 450 kW DC ultra-fast charger, the…
A record wave of electric vehicle lease returns is set to flood the used car market in 2026, creating what analysts are calling an “EV avalanche” that could dramatically reshape pricing dynamics and deliver unprecedented opportunities for budget-conscious buyers. At…
A California judge has reversed a 2024 ruling that allowed more than 6,000 Black workers at Tesla’s Fremont factory to pursue racial harassment claims as a class action, delivering a significant legal victory to the electric vehicle maker amid mounting…
Chinese electric vehicle maker XPeng issued a disappointing fourth-quarter revenue forecast on Monday, signaling that even record-breaking delivery numbers can’t shield automakers from China’s relentless EV price war that continues eroding profitability across the sector. The Guangzhou-based automaker projects Q4…
Rivian Automotive is strategically spinning out its internal technology projects, including an e-bike division and an AI robotics firm, into new, externally-funded startups. This move, reported by Bloomberg, allows Rivian to monetize its engineering expertise and secure new funding without…
Chinese automaker BYD is aggressively accelerating its European expansion, confirming plans to double its sales network to 2,000 locations by the end of 2026. The move is part of a broad “localization” strategy to build vehicles inside Europe, effectively neutralizing…
A groundbreaking vehicle-to-grid project at California’s Redwood Coast Airport is demonstrating how electric vehicles can serve as more than just transportation—they’re becoming mobile power plants that strengthen grid resilience and reduce costs. PG&E, Nissan, Fermata Energy, and the Schatz Energy…
Tesla has eliminated the down payment requirement on U.S. Model Y leases while adding a free upgrade option, marking the automaker’s most aggressive pricing move since the federal EV tax credit expired six weeks ago. The promotion effectively reduces the…
President Biden promised a national network of 500,000 EV chargers would “sprout up very quickly.” Four years later, only 25 charging locations had opened, handing Donald Trump perfect campaign ammunition to mock the program as government waste. But beneath the…
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